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Employ the concepts of Activity-Based Costing for following data to calculate unit cost. Following information are extracted from the records of LG Corporation. Material Direct
Employ the concepts of Activity-Based Costing for following data to calculate unit cost. Following information are extracted from the records of LG Corporation. Material Direct Setups Direct Moves Material Labour Machine Hours 45,000 Direct Expenses Cameras 400,000 50,000 Mobile Phones 100,000 250,000 50 145,000 100,000 75 70,000 350,000 10,000 215,000 30,000 40,000 Total Value ($) 200,000 75,000 90,000 Company have two products Camera and Mobile phones. Company produced 250,000 Cameras and 150,000 Mobile phones during the year 2020. Based on the given information's compute the unit cost of each product using an activity-based costing approach. 1 . B
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